Tvoltage6048 Tvoltage6048

21-11-2022
Business

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rossdale company stock currently sells for $72.21 per share and has a beta of 1.19. the market risk premium is 7.40 percent and the risk-free rate is 3.02 percent annually. the company just paid a dividend of $4.17 per share, which it has pledged to increase at an annual rate of 3.75 percent indefinitely. what is your best estimate of the company's cost of equity?

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